Free Standing American Bar & Grill

Listing ID: 700363091

Listing Title: Free Standing American Bar & Grill

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Industry: Franchises

Industry Segment: Food and Beverages

Country: United States

State / Province: Kansas


City: Geary County, Geary County

Asking Price Range: $500K - $1.0M

Gross Revenues: $988,725

Cash Flow: $179,176

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2013

Number of Employees: 35 - 49

Business Description:
Prime location high volume American bar & restaurant with real estate in Geary County, Kansas is available for acquisition. The restaurant is located in a city in the county seat of Geary County, Kansas. The full-service restaurant & bar was established by the owner of the business in 2013. This American restaurant is in a 4,303 SF space of a freestanding building that is located next to major highway nearby heavy industrial area and military bases as well as lots of hotels and densely populated residential areas. Most of the customers are Caucasian individuals and families from nearby small businesses, the densely populated residential neighborhoods as well as from nearby large military bases. There are 2 direct competitors serving bar & grills found in the immediate market area. One of the major competitors has announced the closure of the business at the end of April in 2019 which is highly expected to help the immediate sales increase of the business. The business is located in a prime location with great visibility and gives customers easier access to the restaurant compared to other competitors and also serves superior products in quality. The menu of the American bar & restaurant consists of many traditional American cuisines such as fried chicken, grilled chicken, chicken fried steak, grilled fish, appetizers, burgers, wings, sandwiches, salads and much more. The restaurant has a reward program that you receive one point for every dollar you spend on food or alcohol. The restaurant has been well-positioned in the immediate market area and has been successfully operated with consistently increasing revenue for the last several years. Gross sales average for this American restaurant has been in the range of $900,000 to 1,000,000/year. Although some marketing is in place through their website, social media outlet, and specials, other proactive marketing methods need to be utilized to achieve maximum income capacity as well as growing the customer base with ...

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